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Microcap & Penny Stocks : Emerson Radio Corp (MSN) -- Ignore unavailable to you. Want to Upgrade?

To: BlueCheap who wrote (1980)	12/14/1998 12:49:00 PM
From: Tony Rome	Read Replies (1) \| Respond to of 3501

MALCOLM AND ALL Here is some new stuff for all to ponder. As of Oct 2nd ,the last qtr. reported, there were 3343 preferred shares remaining,and of course you know that there were no conversions in that quarter.In the previous quarter there were 4623 preferred remaining. The outstanding shares have been reduced to 48,622,000 from previous quarter of 50,773,000. Float now stands at 14,100,000 instead of 13,700,000. They now have 2,630,600 shares in their treasury as opposed to 266,500 in the prior quarter. Last quarter as far as institutions are concerned ther were 132 purchases and 644 sales,and qtr. before that there were 21 purchases and 146 sales.Of course that could be tax loss selling or they are pulling out. I look for Emerson to purchase another million or 2 of the common in early part of year and hope for continued profit through fiscal 99. =============TONY============